I’ve been following the run-up to next week’s G-20 meeting in Pittsburgh rather closely, and am concerned about the nature of the debate thus far. Before the self-congratulating and back-patting begins on the G-20’s “could have been worse” attitude over the current state of the recession – and the prospective recovery – begins, the big [...]
The Financial Times is reporting that Secreatary of Treasury Timothy Geithner has asked Saudi Arabia, the Middle East’s wealthiest and oil-rich nation, to increase its contributions to the International Monetary Fund in hopes of further propping up the fund’s ability to help struggling nations in the region. The primary purpose of Geithner’s trip to Saudi [...]
Filed under: Business, News on July 15th, 2009 @ 10:00 am
Tagged with: China, economy, funding, G-20, global, IMF, International Monetary Fund, Saudi Arabia, stimulus spending, Tim Geithner
Known as the leading manufacturer of computer chips, it was only a matter of time before Intel set its sights on the mobile technology industry.
With China’s plans to spend billions on healthcare reform, a great deal of financial resources have been set aside to go into technological upgrades.